CNBC Economy / Updates
- Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1% March 13, 2026The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
- Gig workers feel pain at the pump as gas prices hit 21-month highs March 12, 2026A network of millions of Americans who offer services like making deliveries or providing rideshare services are feeling the effects of rising gas prices.
- Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it? March 12, 2026High inflation and slow growth present a double threat, as measures like interest rate cuts and government spending only aggravate inflation.